Which of the following represents the components used to calculate Gross Domestic Product?

Show Answers

final and intermediate goods, transfer payments, and rental incomeconsumer spending, investments, government expenditures, and net exportsconsumer spending, transfer payments, salaries, and earningsNet National Product, Gross National Product, and Disposable Personal Incomeinvestments, wages, profits, and intermediate goods production

Explanation

Option A includes intermediate goods and transfer payments which are not counted in GDP. Option B lists expenditure components, but the question asks for a sum that includes broader national accounts. Option C mixes transfer payments and income components incorrectly. Option D correctly identifies Net National Product, Gross National Product, and Disposable Personal Income as related national accounting measures. Option E incorrectly includes intermediate goods, which are excluded from GDP calculations.